On the Record · Air Methods
Air Methods acquisitions, on the record
The businesses Air Methods bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
OF Air Holdings Corporation and its subsidiaries (Omniflight)Word for word“Revenue, expenses, and total assets as of and for the years ended December 31, 2012 and 2011, increased in part as a result of the acquisition of OF Air Holdings Corporation and its subsidiaries (Omniflight) in August 2011.” 10-K for 2014 | acquisition | August 2011 | — |
SundanceWord for word“Total assets as of December 31, 2012, and revenue and expenses for the year ended December 31, 2013, also increased in part as a result of the acquisition of Sundance in December 2012.” 10-K for 2014 | acquisition | December 2012 | — |
BHH (Helicopter Consultants of Maui, LLC, doing business as Blue Hawaiian Helicopters)Word for word“On December 13, 2013, via a newly formed subsidiary Blue Hawaiian Holdings, LLC, the Company acquired 100% of the membership interests of Helicopter Consultants of Maui, LLC (doing business as Blue Hawaiian Helicopters) and certain of its affiliates (collectively, BHH) for a cash purchase price of $66.8 million, subject to final determination of working capital, as defined in the merger agreement, as of the closing date.” 10-K for 2014 | acquisition | On December 13, 2013 | $66.8 million |
Sundance Helicopters, Inc. and all of the aircraft owned by two affiliated entities (Sundance)Word for word“On December 31, 2012, the Company acquired all of the outstanding common stock of Sundance Helicopters, Inc. and all of the aircraft owned by two affiliated entities (collectively, Sundance) for a purchase price of approximately $46.3 million, subject to final determination of certain working capital adjustments, as defined in the agreement, as of the acquisition date.” 10-K for 2014 | acquisition | On December 31, 2012 | approximately $46.3 million |
American Jets, Inc., and all of the assets of an affiliated entity (AJI)Word for word“In July 2013, the Company acquired all of the outstanding common stock of American Jets, Inc., and all of the assets of an affiliated entity (collectively, AJI) for a purchase price of approximately $1.7 million.” 10-K for 2014 | acquisition | July 2013 | approximately $1.7 million |
American Jets, Inc. (AJI) long-range fixed wing medical transportation operationsWord for word“In December 2014, we discontinued all long-range fixed wing medical transportation operations conducted by our subsidiary, American Jets, Inc., (AJI) which we acquired in July 2013.” 10-K for 2014 | divestiture | December 2014 | — |
Tri-State Care Flight, LLC, an Arizona limited liability company, and subsidiary (TSCF)Word for word“In January 2016, we acquired 100% of the membership interest of Tri-State Care Flight, LLC, an Arizona limited liability company, and subsidiary (collectively TSCF), for $222.5 million, subject to final determination of certain working capital adjustments as defined in the membership interest purchase agreement.” 10-K for 2015 | acquisition | January 2016 | $222.5 million |
Remaining 10% ownership interest in Blue Hawaiian Holdings, LLC held by former owners of BHHWord for word“In the third quarter of 2015, the former owners exercised their right to require the Company to acquire their remaining 10% ownership interest for $8.4 million, based on BHH’s operating results.” 10-K for 2015 | agreed acquisition | In the third quarter of 2015 | $8.4 million |
Helicopter Consultants of Maui, LLC (doing business as Blue Hawaiian Helicopters) and certain of its affiliates (BHH)Word for word“On December 13, 2013, via a newly formed subsidiary Blue Hawaiian Holdings, LLC, the Company acquired 100% of the membership interests of Helicopter Consultants of Maui, LLC (doing business as Blue Hawaiian Helicopters) and certain of its affiliates (collectively, BHH) for a cash purchase price of $66.8 million, subject to final determination of working capital, as defined in the merger agreement, as of the closing date.” 10-K for 2015 | acquisition | On December 13, 2013 | $66.8 million |
Two hospital programsWord for word“During 2015 the Company completed two acquisitions of hospital programs, resulting in the addition of $14,840,000 and $49,139,000 in aircraft and intangible assets, respectively.” 10-K for 2015 | acquisition | During 2015 | $14,840,000 and $49,139,000 in aircraft and intangible assets |
Tri-State Care Flight, LLC (TSCF)Word for word“On January 19, 2016, we acquired 100% of the membership interest of Tri-State Care Flight, LLC (TSCF) for $222.5 million plus a working capital adjustment of $10.4 million.” 10-K for 2016 | acquisition | January 19, 2016 | $222.5 million plus a working capital adjustment of $10.4 million |
Blue Hawaiian Holdings, LLC (10% ownership interest held by minority partners)Word for word“The Company completed the buyout for $9,231,000 during 2016.” 10-K for 2016 | acquisition | during 2016 | $9,231,000 |
Deal filings since 2016
- 2017-04-25 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-04-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-03-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-01-26 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
Read from Air Methods’s annual reports (10-K for 2016, 10-K for 2015, 10-K for 2014) and the financial data it files with the SEC, as of 2017-03-01. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.